Question
Community General Hospital finds itself treating many bicycle accident victims. Data from the last seven 24-hour periods is shown below: Day Bicycle Victims 1 18
Community General Hospital finds itself treating many bicycle accident victims. Data from the last seven 24-hour periods is shown below: Day Bicycle Victims 1 18 2 15 3 16 4 14 5 12 6 16 1. What is the forecast for day 4 using a 3-period moving average model? (1 mark) (Round to two decimal places). Note: Please type a number and only a number in text boxes.
What is the forecast for day 5 using a 3-period moving average model? (Round to two decimal places).
Note: Please type a number and only a number in text boxes.
What is the forecast for day 6 using a 3-period moving average model? (1 mark) (Round to two decimal places).
Note: Please type a number and only a number in text boxes.
What is the MAD for the 3-period moving average forecasts for days 4 through 6? (2 marks) (Round to two decimal places)
With an alpha value of 0.45 and a starting forecast in day 3 equal to the 25 , what is the exponentially smoothed forecast for day 4? (Round to two decimal places) (2 marks)
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